NRZ pocketing US$600k a month from properties
By ETimes The National Railways of Zimbabwe (NRZ) has been on a drive to restructure its operations in order to derive more benefit from its assets lying around the country.…
TelOne ex-MD Mutasa appointed new chair of Mutapa Investment Fund
By ETimes Zimbabwe government on Monday named top-level executive and former TelOne managing director Chipo Mutasa as the chair of the Mutapa Investment Fund’s seven-member board. The appointment comes barely…
Stock investors gain $517.19bn amid positive start to new week
By ETimes Activities on the floor of the Zimbabwe Stock Exchange started on a positive note on Monday after the market recorded a 4.14% growth at the close of transactions.…
AfDIS volumes up 11% as US$ turnover balloons to US$25.7mln in H1
By ETimes Listed spirits and wines producer, African Distillers (AfDIS) reported a 988% rise in inflation adjusted profit after tax in the six months ended 30 September 2023, helped by…
ZSE closes higher as investors gain $184.67bn
By ETimes Zimbabwe Stock Exchange (ZSE) closed higher on Friday, with the mainstream All Share Index up 1.45% to 161,050.0604 points. As a result, the market capitalization increased by $184.67…
NatFoods generator power consumed 712K litres of diesel in FY23
…mulls 2MW solar project By ETimes National Foods diesel for generator consumption increased by 582 930 litres to 712 851 litres in FY2023 from 129,921 litres in FY2022, owing to…
OK Zim shares gain 0.65% despite weak half year volumes
By ETimes OK Zimbabwe shares on Thursday finished 0.65% higher at $151.12 after investors took a favourable view on the retail giant, notwithstanding a decline in the company’s ear-to-date volumes.…